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...Never much loved outside of its member states, OPEC is a convenient whipping boy for leaders responding to consumer pain, but oil analysts say it may not deserve all the blame. Its members have certainly earned mammoth windfalls from rocketing oil prices over the past year, but some face the prospect of domestic political upheaval if oil prices fall...

Author: /time Magazine | Title: OPEC Wants You to Pay More for Gas | 10/22/2008 | See Source »

...This sudden vulnerability of emerging markets will be a key issue at the World Economic Forum on Europe and Central Asia, which begins on Oct. 30 in Istanbul. While Turkey has reason to blame its worsening economic outlook on the rest of the world, some of its woes are self-inflicted. The government of Recep Tayyip Erdogan and his Justice and Development Party (AKP) set about transforming the economy after its election in 2002. Spurred on by the International Monetary Fund (IMF), which provided financial support during the 2001 crisis, the government pushed through strict budgets, monetary discipline...

Author: /time Magazine | Title: Turkey's Wild Ride | 10/22/2008 | See Source »

Their divergent opinions on whom to blame for the violence quickly surfaced...

Author: By Ellen X. Yan, CONTRIBUTING WRITER | Title: Biases Emerge At Pundits' Discussion | 10/22/2008 | See Source »

Having grown up in the fiercely nationalistic Ukraine and served in its parliament, Polyakov said he places 90 percent of the blame on Russia and 10 percent on Georgia...

Author: By Ellen X. Yan, CONTRIBUTING WRITER | Title: Biases Emerge At Pundits' Discussion | 10/22/2008 | See Source »

...Strangely, it is this sort of thinking—that is, putting the pursuit of money ahead of almost everything—that is related to why we’re witnessing this current crisis. Though the blame certainly does not rest completely in their hands, it was the greed of many members of Wall Street that contributed to the destabilizing of the market. This veneration of dollars is not sustainable. And when a crash such as this one occurs, many are left feeling very empty. As one friend of mine observed, a strange sense of isolation...

Author: By Lucy M. Caldwell | Title: Contemplating the Crash | 10/22/2008 | See Source »

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